3 bedroom apartment for sale
Bradley Road, Clapham, SW4 8FA
Share percentage 25%, full price £725,000, £9,063 Min Deposit.
Share percentage 25%, full price £725,000, £9,063 Min Deposit.
Monthly Cost: £2,545
Rent £1,347,
Service charge £165,
Mortgage £1,033*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
A 3 bed shared ownership property available in Clapham, London
Description
This vibrant, well-decorated, spacious three-bedroom apartment is now available in Clapham through Shared Ownership.
The property on the third floor comprises an entrance hallway, a spacious living room with a modern open plan kitchen, three good-sized bedroom (one en-suite room), a bathroom and a private balcony.
Outside includes allocated parking and communal grounds. Perfect for families.
Available for £181,250 for 25% share based on the marketing figure of £725,000.
Monthly rent - £1347.27
Monthly Service Charge - £165.19
Total Monthly Charge - £1,512.46 plus mortgage required for 25% share.
An annual rent increase takes place every April
LocationThe property sits in a tranquil residential area in Clapham, South London, with several amenities nearby and the underground station just a mile away; there's also a local bus station on the main road. Central London can be reached in half an hour.
There are several schools in the area, many of which are just a few minutes' walk away.
EPC ratingEnergy rating band - B
Environmental impact band - B
Gross internal floor area: 87 m²
Living room & kitchen: 6.86 x 3.78 m
Bedroom 1: 6.55 x 2.74 m
Bedroom 2: 3.30 x 3.20 m
Bedroom 3: 3.73 x 2.11 m
Balcony: 2.72 x 3.00 m
Years remaining on lease: 115
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Key Features
- Three-bedroom apartment
- En-suite room
- Modern kitchen
- Private balcony
- Allocated parking
- Great travel links
- Available for 25% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 25%, full price £725,000, £9,063 Min Deposit. Calculated using a representative rate of 5.26%